🏴 Wales has no first-time buyer relief. The additional-property surcharge shown here is a simplified estimate — the Welsh Revenue Authority's higher-rate bands have changed more than once in recent years, so confirm the exact figure with your solicitor before completion.
LTT Rates 2026/27 — Wales (Standard Residential)
Purchase Price
Rate
Up to £225,000
0%
£225,001–£400,000
6%
£400,001–£750,000
7.5%
£750,001–£1,500,000
10%
Over £1,500,000
12%
These rates have been in force since 10 October 2022 and were confirmed unchanged for 2026/27 in the Welsh Government's Draft Budget. Wales has the highest nil-rate band of any UK nation at £225,000, but the rate then jumps straight to 6% — which can make mid-priced homes more expensive than in England for the same purchase price.
No First-Time Buyer Relief
Unlike England and Scotland, Wales does not offer first-time buyers a discount on LTT — everyone pays the same standard rates. The Welsh Revenue Authority's position is that the £225,000 nil-rate band already covers most starter purchases without needing a separate relief.
Worked Example
A £320,000 standard residential purchase: 0% on the first £225,000, and 6% on the remaining £95,000 = £5,700 total LTT.
Second Homes and Buy-to-Let
Additional-property purchases in Wales pay a higher-rates surcharge on top of the standard bands. These higher-rate bands are more complex than a flat percentage and have been revised by the Welsh Government more than once in recent years, so use the calculator above as an estimate only and confirm the exact current surcharge with the Welsh Revenue Authority or your solicitor before relying on the figure for a real purchase.
Frequently Asked Questions
Land Transaction Tax (LTT) is Wales's equivalent of Stamp Duty Land Tax. It replaced SDLT in Wales on 1 April 2018 and is administered by the Welsh Revenue Authority, with its own rates and bands.
0% up to £225,000, 6% from £225,001–£400,000, 7.5% from £400,001–£750,000, 10% from £750,001–£1,500,000, and 12% above £1,500,000 — unchanged since October 2022.
No. Wales is the only UK nation with no first-time buyer relief on LTT — first-time buyers pay the same standard rates as any other home mover.
A higher-rates surcharge applies on top of the standard bands for additional properties. Always confirm the exact current rate with the Welsh Revenue Authority or your solicitor, as these bands have been revised more than once recently.
LTT must be filed with the Welsh Revenue Authority and paid within 30 days of completion. Your solicitor normally handles this as part of the purchase.